Gates Industrial Corporation plc

Equities

GTES

GB00BD9G2S12

Industrial Machinery & Equipment

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
17.72 ^USD	+1.55%		+3.02%	+32.04%

Apr. 16	Goldman Sachs Adjusts Price Target on Gates Industrial to $18 From $16, Maintains Neutral Rating	MT
Mar. 28	Gates Industrial Corporation plc Announces Resignation of David M. Wisniewski as Chief Accounting Officer	CI

Gates Industrial Corporation plc announces an Equity Buyback for $100 million worth of its shares.

February 08, 2024 at 07:31 am EST

Gates Industrial Corporation plc (NYSE:GTES) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its shares. The plan will be valid till October 6, 2024.

Latest news about Gates Industrial Corporation plc

Goldman Sachs Adjusts Price Target on Gates Industrial to $18 From $16, Maintains Neutral Rating	Apr. 16	MT
Gates Industrial Corporation plc Announces Resignation of David M. Wisniewski as Chief Accounting Officer	Mar. 28	CI
Goldman Sachs Adjusts Price Target on Gates Industrial to $16 From $14, Keeps Neutral Rating	Mar. 12	MT
KeyBanc Adjusts Price Target on Gates Industrial to $21 From $18, Maintains Overweight Rating	Mar. 12	MT
Barclays Adjusts Price Target on Gates Industrial to $17 From $15, Keeps Equalweight Rating	Mar. 12	MT
Gates Industrial Corporation plc Provides Earnings Guidance for the First Quarter of 2024	Mar. 11	CI
Gates Industrial Corporation plc Seeks Acquisitions	Mar. 11	CI
Transcript : Gates Industrial Corporation plc - Analyst/Investor Day	Mar. 11
North American Morning Briefing : Stock Futures -2-	Mar. 11	DJ
Wolfe Research Upgrades Gates Industrial to Outperform From Peer Perform	Mar. 08	MT
Gates Corporation Announces Collaboration with Coolit Systems to Develop the Most Efficient and Reliable Liquid Cooling Solutions	Mar. 06	CI
Jefferies Starts Gates Industrial With Buy Rating, $21 Price Target	Feb. 29	MT
North American Morning Briefing : S&P 500 Futures -2-	Feb. 23	DJ
KeyBanc Upgrades Gates Industrial to Overweight From Sector Weight, Sets Price Target at $18, Says 2024 Guidance 'Leaves Ample Room for Upside'	Feb. 22	MT
Transcript : Gates Industrial Corporation plc Presents at Barclays 41st Annual Industrial Select Conference 2024, Feb-21-2024 03:00 PM	Feb. 21
Transcript : Gates Industrial Corporation plc Presents at Citi's 2024 Global Industrial Tech and Mobility Conference, Feb-20-2024 04:20 PM	Feb. 20
Evercore ISI Raises Price Target on Gates Industrial to $14 From $12.50, Maintains In Line Rating	Feb. 20	MT
Gates Industrial Corp Insider Bought Shares Worth $250,002, According to a Recent SEC Filing	Feb. 20	MT
Gates Industrial Corporation plc Introduces Clean Master? Plus Pressure Wash Hose	Feb. 20	CI
Gates Industrial Says Secondary Offering of 17.5 Million Shares Priced	Feb. 13	MT
Gates Industrial Says Blackstone Affiliates Launch Secondary Stock Offering; Shares Fall After Hours	Feb. 12	MT
Gates Industrial Q4 Adjusted Earnings Rise, Sales Drop; Issues 2024 Guidance	Feb. 08	MT
Transcript : Gates Industrial Corporation plc, Q4 2023 Earnings Call, Feb 08, 2024	Feb. 08
Gates Industrial Corporation plc Reports Earnings Results for the Fourth Quarter and Full Year Ended December 30, 2023	Feb. 08	CI
Gates Industrial Corporation plc announces an Equity Buyback for $100 million worth of its shares.	Feb. 08	CI

Chart Gates Industrial Corporation plc

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Company Profile

Gates Industrial Corporation plc is a global manufacturer of engineered power transmission and fluid power solutions. The Company offers a portfolio of products to diverse replacement channel customers, and to original equipment (first-fit) manufacturers as specified components. Its segments include Power Transmission and Fluid Power. Its Power Transmission segment includes elastomer drive belts and related components used to transfer power in a range of applications. Its power transmission solutions transfer power, convey materials, and provide motion control. Its Fluid Power segment includes hoses, tubing and fittings designed to convey hydraulic fluid at high pressures in both mobile and stationary applications, and other high-pressure and fluid transfer hoses. Its products play various roles in a diverse range of applications across a wide variety of end markets ranging from harsh and hazardous industries, such as agriculture, construction, manufacturing and energy, and others.

Sector

Industrial Machinery & Equipment

Calendar

2024-04-30 - Q1 2024 Earnings Release

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Ratings for Gates Industrial Corporation plc

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

17.72 USD

Average target price

19.6 USD

Spread / Average Target

+10.61%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

Company calendar

Sector Industrial Parts & Components

	1st Jan change	Capi.
GATES INDUSTRIAL CORPORATION PLC	+32.04%	4.68B
TRELLEBORG AB	+15.05%	8.49B
MUELLER INDUSTRIES, INC.	+21.59%	6.51B
SFS GROUP AG	+5.76%	4.68B
MISUMI GROUP INC.	+0.75%	4.31B
SHANGHAI MOONS' ELECTRIC CO., LTD.	-14.26%	3.27B
LEADER HARMONIOUS DRIVE SYSTEMS CO., LTD.	-22.11%	2.78B
HIWIN TECHNOLOGIES CORPORATION	-0.43%	2.54B
HARMONIC DRIVE SYSTEMS INC.	-4.09%	2.41B
XI'AN SHAANGU POWER CO., LTD.	+15.79%	2.2B

Industrial Parts & Components